JAPAN: Toyota - N America Output May Rise To 2 Mln By 2004

It looks likely that Toyota will increasingly rely on its overseas plants, after company president Fujio Cho said the auto maker expects to boost output at its North American factories to around two million vehicles a year by 2004. "We're moving quickly to shift production to local factories there," Cho told reporters at a press conference for Toyota's new Mark II luxury sedan. By late 2001, the company should be making around 1.76 million cars in North America, he added.

Get full access to all content, just $1 for 30 days

A Message From The Editor

just-auto gives its paid members access to the very best automotive market coverage.

And now there’s just-auto plus, our premium membership that gives you exclusive component forecast data, company profiles and extended news coverage - just for premium members.

Today I can offer you 30 days access for $1 - and that includes just-auto plus.